What is the Trade Free Max Plan and what are the charges?

Trade free Max is a brokerage plan that gives you 2 key benefits:

1. Competitive Margin Trading Facility interest rates which helps you increase your buying power through Margin Trading Facility*
2. A brokerage cashback that will give you more than what you’ve paid for!

*Margin Trading Facility lets you buy select stocks by paying only a fraction of the total amount; the rest being paid by Kotak Securities at a very nominal rate of interest.

The charges are as follows:-

• Account opening fee – ZERO

• Plan subscription fee - Rs. 2499 + GST

• Brokerage cashback benefit - Rs. 3499 for upto 90 days

• Plan Validity – 1 year

• All Intraday trades - ZERO brokerage

• All the carry forward Futures & Options, Currency and Commodity transactions - Rs.20 flat per executed order.

• Equity delivery - 0.25% or Rs.20 (whichever is higher) of the transaction value.

To know about the all charges and Interest rates on outstanding balance, please click here